Showing posts with label Stimulus. Show all posts
Showing posts with label Stimulus. Show all posts

Wednesday, October 21, 2009

Job Losses in 49 of 50 States, Post Stimulus

0 Informed Opinions


Okay, is anyone really shocked to learn this? Do I need to spend any time telling you, 'I told you so?'



My own, beloved, California was projected to gain 396,000 jobs by the wishful thinking department of the Obama Administration. Instead the Golden Brass Tin State has lost 336,000 jobs. And just in case you thought it couldn't get much worse, home prices are projected to fall even more.

Gobama!

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Friday, September 4, 2009

Joey Plugs: 'You're welcome!'

1 Informed Opinion


Joey Plugs ran to the microphones earlier this week to declare, unequivocally, that the Stimulus has worked! Not only has it worked, he said, it's worked better than expected! That's fantastic, considering that the Stimulus was touted as the single greatest way to not only save jobs, but completely turn around the economy. I guess that means it's going gangbusters out there!!!

Video credit The Associated Press
Thank G*d! I was beginning to think that my family members unemployment was going to last forever. Imagine then my surprise when I picked up the phone to ask said family members how they were enjoying their new employment. It's going to be a rough Thanksgiving this year...

Turns out, unsurprisingly, that Joey got it wrong, AGAIN! Or, is 9.7% unemployment (a 26-year high) a recovery?

Exit quote:
"Eight out of 10 of the largest banking institutions in the country... as well as sixteen smaller banks have repaid the government in full. And, I might add, at a $4 Billion profit for the taxpayer..."

Superb! I'll take a check. Please make it payable to...

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Wednesday, August 26, 2009

The End of the Republic

2 Informed Opinions



Twenty years ago, with his words and actions, Reagan declared it to be morning in America. Within two short decades, by his actions, Barack Obama means to see the sun set on our Republic. Had he written the script himself, this man could not have chosen a more imbicilically willing Legislative branch, which enthusiastically skips along with his plan toward it's own obsolescence. The Congress of the United States is in dereliction of duty, and it's failure to complete its constitutional responsiblities may well have signed the death warrant for our experiment in self governance.

The Executive Branch is quietly and quickly amassing power within it's own confines which will render the Legislative Branch and the separation of powers defunct, allowing the hostile (or not so hostile) take over of this great country. The Congress has allowed it's oversight authority to be stolen away in the middle of the night. There are at least 30 czars with direct oversight of federal operations in many areas reporting directly to the President of the United States. The number is difficult to pin down, as the willing whore of the US Government, the media, has not seen fit to report on this story. These czars have the ability to influence policy and operations within these federal agencies, bypassing the Congressional role in oversight and policy direction.

Congress is also the body responsible to write legislation for our governance. No longer are they able or willing to perform this task, either. Don't believe me? Ask me then, who wrote the American Recovery and Reinvestment Act? From the website, Apollo Alliance.org
"Almost all of the clean energy, good jobs programs made public today, along with the dimension of the spending called for by Congress and the new president, track closely with the ideas and proposals advanced last year by the Apollo Alliance in The New Apollo Program and the Apollo Economic Recovery Act."
So, they didn't write the legislation, and we know they sure as hell didn't read it. Let me ask this question, just what the hell is it that they do?!

Can we pull our heads out of Ted Kennedy's oversized, clammy ass long enough to ask, 'What the Hell is going on in my government?!' While the overwhelming reaction to the health care bill, which will be renamed for The Swimmer, has been outstanding, our citizenry has been distracted from the power grab happening within the Executive Branch. The latest example is the removal of power from the CIA to interrogate Terrorist suspects, and the handing of that very same responsibility to an inter-agency group, led by the FBI. You understand that the Congress has oversight of the CIA, however, this new task force does not, correct? Who then do they report to? The Intelligence Czar. I'm sorry, but who the eff, thought that assigning positions of power within the Executive Branch and naming them 'Czar' was a good idea? There is little doubt that soon, our government will be more closely aligned with that of the 19th century Czars than that of the 20th century Presidents.

Not that anyone needed any further proof, but Nancy Pelosi and Harry Reid are incompetent fools. Unfortunately, so are most within the Republican leadership. We must throw out those who do not understand their constitutional responsibilities and send to Washington, those who have a clear understanding of our representative republic and what it means to be an American.

Sunday, July 26, 2009

$1.3 Trillion Cash Flushing Endeavor Working... or Something

2 Informed Opinions



Joey gets all misty when he thinks about the success of the stimulus.

My successor, Joey Plugs, has an Op Ed over at the Terrorist Times. In it, he claims that as a result of quick action on the part of PeeBo and hisself, we were brought back from 'the precipice.' He claims that because of the American Reinvestment and Recovery Act, the sky high monthly unemployment claims of 700,000 experienced before it was enacted have plummeted. The whole basis of his piece is that without the quick action of the executive and legislative branches of government, we'd be in hell right now.

Let's examine the miracle afforded us by PeeBo and Plugs!
Unemployment claims in January 2009 were 598,000 which have fallen to 467,000, effectively 22%. The overall national unemployment percentage has gone from approximately 7.5% in January 2009 to 9.5% in June 2009.
A report entitled 'The Employment Situation: June 2009' states:
"The number of long-term unemployed (those jobless for 27 weeks or more) increased by 433,000 over the month to 4.4 million."

In fact, from January all unemployment duration measurements except the 'Less than 5 weeks' category increased. Total unemployment for this period jumped from 16.4 Million to 22.9 Million a loss of nearly 6.5 million additional jobs... So why the back patting by Joey Plugs?

Joey then goes on to explain the ARRA so that he can 'set the record straight.' If there are two things we can all agree upon, it's that Joey ain't nothin' if he ain't a straight talker and Joey speaks for everyone in the Administration! He claims that 1/3 of the 787 Billion Dollar stimulus (before interest) goes to tax cuts, and that 95% of the American public has experienced a tax cut as a result of it's passage. Question: Who in their right mind would believe that as a result of the Government spending money, the public has received a tax cut?

Let's see, the government gets its money through taxation of the citizenry. A tax cut is the government allowing me to keep the money that it would normally take as a tax. So... where exactly did this money come from? I mean it's impossible to have the government both take money from me and allow me to keep it at the same time. Those two things are mutually exclusive.

Two nuggets of truth in Joey's piece; unemployment benefits have been extended for the unemployed, and money is being spent on roads. However, he also claims that rural water systems are being improved... Has he ever been to California?! Has he ever heard of the Delta? Has he heard about the major dairy owners who have committed suicide just this year due to many economic reasons one of which being access to water?

Joey then goes on to tout the Recovery.gov website. That's be the same website that disclosed the $2 Million 2lb. ham purchase earlier this week...

See, here's the overall problem with Joey's Op Ed piece, even he doesn't believe the horsepucky he's peddling. He spends nearly the whole piece extolling the outstanding job they have done with this debacle after he told ABC that the White House had misread the economy just three short weeks ago. So first he goes out and admits they didn't know what the f#@% they were doing, then just three short weeks later SUCCESS!

Exit question: If the stimulus is working so great, why do we need another one?
 

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